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Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: Kevin G. O'Neill who wrote (1100)	7/2/1998 9:25:00 AM
From: Kevin G. O'Neill	Read Replies (1) \| Respond to of 3873

Russell answers LVLT question... I've received an e-mail confirmation from Russell on the question of LVLT being included in their index. The correspondence is below for those that are interested: From: "Kitsu, Christy (Sales_Svcs)" <CKITSU@russell.com> To: "'kgo@axitel.com'" <kgo@axitel.com> Subject: RE: Date: Wed, 1 Jul 1998 16:27:34 -0700 MIME-Version: 1.0 Kevin: LVLT is on the preliminary additions list for the Russell 3000 Index. Frank Russell Company has only released a preliminary adds and deletes list (alphabetical with ticker symbol only) for the Russell 3000 Index. All other information out has been done independently of Russell and we have not confirmed any other data. I can tell you that the break off point between the Russell 1000 and Russell 2000 indexes last year was approximately $1.1 billion and its expected to be at least the same if not higher based on historical results. I will also say that the preliminary lists are very close being 100% accurate. There is still the possibility of change, but they will be very close. We won't be releasing any final membership information until July 7 (Tuesday) by 6 PM PST. I'm sorry I can't be of more help. If you have any other questions, please let me know. Christy ckitsu@russell.com > ---------- > From: nsserver@russell.com[SMTP:nsserver@russell.com] > Sent: July 01, 1998 4:12 PM > To: ras@mail.russell.com > > From: kgo@axitel.com () > Subject: russell.com feedback - RAS > > Below is the result of your feedback form. It was submitted by > (kgo@axitel.com ) on Wednesday, July 1, 1998 at 16:12:53 > ---------------------------------------------------------------------- > ----- > > russell-client: no > > Message: Greetings, > > A posted message on the > Yahoo Finance thread for Level 3 Communications > (NASDAQ:LVLT) > states that LVLT has bee added to the "Russell 2000." > > Can > you comment on LVLT's status regarding any/all of the Russell > indexes? > > I'm an interested private investor in LVLT. (I've > copied the message below.) > > Many thanks, > > Kevin O'Neill > > <begin > message copy> > post.messages.yahoo.com. > > > hawkeye > bmick_98 > Jul 1 1998 > 4:49PM EDT > > I have your > answer. Just confirmed that LVLT was added to the Russell 2000 > yesterday. > Vanguard and the other index managers had to purchase > to comply with their '40 Act > obligations, fund regs, etc. > > > <end message copy> > > ---------------------------------------------------------------------- > -----